MB-310 Practice Test

A client has multiple legal entities set up in Dynamics 365 for Finance and Operations. All
companies and data reside in Finance and Operations,
The client currently uses a separate reporting tool to perform their financial consolidation
and eliminations. They want to use Finance and Operations instead.
You need to configure the system and correctly perform eliminations.
Solution: Select Consolidate online in Finance and Operations. Include eliminations during
the process or as a proposal. Setup the transactions to post in the legal entity configured
for consolidations.
Does the solution meet the goal?

A.

Yes

B.

No

A client has one legal entity and the following four dimensions configured: Business Unit,
Cost Center, Department, and Division.
You need to configure the client's system to run the trial balance inquiry in the General
ledger module so that it displays the trial balance two ways:
• Include the main account and all four dimensions.
• Include the main account and only the business unit and cost center dimensions.
What should you configure?

A.

two account structures

B.

all financial dimensions by using the group dimension functionality

C.

two financial dimension sets

D.

two derived financial dimension hierarchies

You are setting up the Accounts payable module and vendor invoice policies for an
organization.
You need to set up vendor invoice policies that run when vendor invoices are posted in the
system.
In which two ways can you set up the policies? Each correct answer presents a complete
solution.
NOTE: Each correct selection is worth one point.

A.

Set up invoice matching validation for vendor invoice policy.

B.

Configure the vendor invoice workflow to run the policies.

C.

Run the policies when you post a vendor invoice by using the Vendor invoice page and when you open the
Vendor invoice policy violations page.

D.

Apply the policies to invoices that were created in the invoice register or invoice journal.

A client wants to ensure that transactions posted to the General Ledger have the correct
combination of account number and dimensions.
The Services Industry P&L Account Structure has the following information:

A company is preparing to complete a year-end close process.
You need to configure the Dynamics 365 for Finance and Operations General ledger
module. Which three configurations must you use? Each correct answer presents part of
the solution. NOTE: Each correct selection is worth one point.

A.

Configure the Fiscal year close parameters

B.

Configure the ledger calendar for the new fiscal year

C.

Configure the transfer balance

D.

Validate the main account type

E.

Create the next fiscal year